Cashflow Basics
Dominique Broadway
Lesson Info
1. Course IntroductionLessons
Course Introduction
01:40 2The Two Magic Numbers
03:17 3Tie The Magic Numbers To Your Product Or Service
01:47 4Restaurant and Product Examples
02:31 5Tools to Help Calculate Cash Flow
03:16 6Should I Get a Bookkeeper?
03:15 7Personal Vs. Business Finances
02:52 8Key Takeaways
02:29Lesson Info
Course Introduction
So the pandemic has provided a lot of problems and issues for a lot of business owners, probably such as yourself and one of the biggest issues that most of us have incurred is cash flow issues, right cash flow issues. So you're probably wondering what is cash flow? Cash flow is literally the movement of money within your business. The money that's coming in, the money that's going out. My name is Dominique broadway, award winning financial planner, personal finance expert and the founder of finances demystified and for a lot of entrepreneurs during the pandemic, the cash flow kind of stopped, there was no flow whatsoever, which created a lot of stress, anxiety and just truly heartbreak for a lot of business owners who have been building their businesses their entire lives. So in this lesson, we're gonna be talking about the importance of cash flow, how to determine what your cash flow is, um things that you maybe even be able to do to get a better grasp of your cash flow and how we ca...
n change things to make your business better going forward. I have worked with tens of thousands of entrepreneurs, millennials, business owners like yourselves, helping them to demystify their finances and utilize them to bring their personal and business dreams to reality.
Class Description
How are you able to make smart and strategic business decisions without a clear understanding of how much cash you have flowing through your business? Does the thought of managing your books send shivers down your spine? A small business owner wears many hats and while you might not be an accountant or a bookkeeper, you must understand your cash flow. Why? Having a firm understanding of the money coming and the money going out will give you the ability to run your business confidently.
Join award-winning personal finance coach Dominique Broadway as she teaches you the basics of small business cash flow. In this class you will learn:
- The two magic numbers every business owner should know
- The importance of reviewing your numbers consistently
- Tools available to make calculating your cash flow easy and efficient
- How to separate personal from business expenses
ABOUT YOUR INSTRUCTOR:
Dominique Broadway, a HoneyBook educator, is an award-winning Personal Finance Coach, Speaker, Finance Expert, and the Founder of Finances Demystified & The Social Money Tour. Dominique has received various accolades such as the Top 30 Under 30 in Washington DC, the DC Future Business Leader of America Businessperson of the Year, and the Top Financial Advisor for Millennials in the US.
Dominique’s demystified financial advice has been highlighted on Yahoo!, Huffington Post, Forbes, USA Today, Black Enterprise, Marketwatch.com, Ebony Magazine, Levo League, Refinery29, and other media outlets. She has a strong passion for working with young professionals, entrepreneurs, and people of all ages to bring their Dreams2Reality.
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